Post
Topic
Board Altcoin Discussion
Topic OP
Best way to convert Bitcoin to DAI and safe storing?
by
Aikido
on 29/08/2021, 10:04:02 UTC
Hello. I would like to get some advice from you.
I need to exchange several bitcoins (3-5) from my electrum wallet to DAI stable coin.

1. What is the best way to do this? Exchange without KYC? Atomic Swap? (NO centralized exchanges)
2. Which wallet should I use to store DAI ? (I'm a little scared to keep such a sum of money in a meta mask in my browser)
Are there any analogues of electrum for ether tokens?
3. I chose DAI because of its decentralization and the inability to get a coin lock. Do you think this is correct? (I will keep the DAI for about 1-2 years)

Thank you for your advice, community!